May 1, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Tuesday its pretax profit for the first quarter (Q1) ended March8 31, 2017 increased 2.7 percent to N4.98 billion from N4.84 billion posted a year ago. Post-tax profit of the Bank rose 7.2 percent to N4.62 billion from […]
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FCMB Group Plc Q1 2018 – Earnings Track Estimates, PAT Up 64% YoY
Culled—Proshare May 1, 2018/Vetiva Research • Top and bottom lines track estimates, PAT up 64% y/y • IFRS 9 implementation results in ₦15 billion one-time equity charge • TP revised marginally higher to ₦4.66 Low Q1’17 base flatters earnings growth, up 64% y/y FCMB released its Q1’18 earnings, with top line and bottom […]
FIDELITYBK Reports Q4 2017 Results – Loan Loss Provisions Spiked By 462% YoY
Culled—Proshare 30/4/2018/FBNQuest Research Event: Fidelity Bank reports Q4 2017 results Implications: Likely upward revisions to consensus earnings forecasts Positives: PBT up 232% y/y driven by strong growth in funding income Negatives: Loan loss provisions spiked by 462% y/y This afternoon the NSE published Fidelity Bank’s (Fidelity) Q4 2017 results which […]
